The UK and Thailand are set to establish an Enhanced Trade Partnership designed to strengthen trade and investment ties between the two countries. The agreement, involving UK Trade Minister Douglas Alexander and Thai Commerce Minister Pichai Naripthaphan, aims to...
Airports of Thailand (AOT) has announced plans to expand its six international airports to accommodate 210 million passengers by 2032. Kerati Kijmanawat, AOT’s director, highlighted that this aligns with the Ministry of Transport’s 2023-2027 strategic plan...
A Thai company renowned for its coconut vermicelli has ventured into plant-based meat production using coconut water, as part of a government initiative to boost the industrial economy. Sangtuptim Inter Co. developed the meat alternative under the Department of...
The Malaysian government is initiating several major projects in the agricultural sector, with a significant focus on rice production. One of the key initiatives is a large-scale paddy cultivation project, valued at MYR 5 billion (USD 1.06 billion), aimed at...
Asia Digital Engineering (ADE), the Maintenance, Repair, and Overhaul (MRO) division of Capital A (formerly AirAsia Group), has officially unveiled its latest 14-line MRO hangar, marking a significant achievement as Malaysia’s largest and most sophisticated MRO...
Malaysia has unveiled a series of tax breaks and incentives for the Forest City development, officially designated as the Forest City Financial Zone (FCSFZ) in August 2023. Located in southern Johor, adjacent to Singapore, this initiative aims to stimulate foreign...
Malaysia’s major clean energy firm, Solarvest Holdings, has clinched a MYR 113 million (USD 24 million) Engineering, Procurement, Construction, and Commissioning (EPCC) contract to build a 45 MWp solar farm in Pekan, located in Pahang state. The project seeks to...
In September 2024, the German Federal Ministry for Economic Affairs and Climate Protection (BMWK) collaborated with the Environmental Technologies Export Initiative, the Malaysian-German Chamber of Commerce and Industry (MGCC), and the German Water Partnership to...
Malaysia’s private healthcare and medical tourism sector is set to generate MYR 2.2 billion (USD 476 million) in revenue in 2024, with Penang emerging as a pivotal hub for attracting patients. The nation’s allure in medical tourism is bolstered by its...
The Malaysia Digital Economy Corporation (MDEC), the leading agency for the country’s digital economy under the Ministry of Digital, has successfully integrated 140 local artificial intelligence (AI) providers into its digital AI ecosystem. Through various...
TM Global, the domestic and international wholesale arm of Telekom Malaysia (TM), the country’s largest telecommunications provider, has extended its partnership with Australia-based cloud infrastructure company Radian Arc for another two years. This...
Elna PCB (M) Sdn. Bhd., the Malaysian subsidiary of Global Brands Manufacture under Taiwan’s Passive System Alliance (PSA) Group, has announced the opening of its second plant in Penang, Malaysia, with an investment exceeding MYR 1 billion (USD 230 million). The first...
